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RH BOPHELO LIMITED - Trading Statement

Release Date: 30/05/2019 16:25
Code(s): RHB     PDF:  
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Trading Statement

RH Bophelo Limited
Incorporated in the Republic of South Africa
(Registration number: 2016/533398/06)
JSE share code: RHB, ISIN: ZAE000244737
(“RHB” or “the Company”)

Trading Statement


The Company is in the process of finalising its financial year results for the year ended 28
February 2019, which are scheduled to be released on or about 31 May 2019.

Shareholders are advised that the Company expects to report earnings per share and headline
per share of between 39 to 43 cents, being an increase of between 56% and 72%, compared to
prior year of 25 cents.

The increase in earnings in the current year period were mainly attributable to the increase in
interest income of R24 490 345 (prior year period: R 20 826 640) and an increase in the fair
value valuation of RHB’s investee companies of R 16 827 266 (prior year period: Nil). The
Company acquired African Healthcare (“AHC”), Vryburg Private Hospital (“VPH”) on 26 April 2018
and Rondebosch Medical Centre Proprietary Limited (“RMC”) on 14 May 2018.

The above is based on the weighted average number of shares (“W ANOS”) in issue during the
current period ended 28 February 2019 of 50 938 356 (prior year period: 31 780 822). As at 28
February 2019, The Company had a total of 51 250 000 shares in issue, of which 1 250 000 shares
were issued in the current year on 26 April 2018. The issued shares formed part of the Africa
Healthcare (“AHC”) acquisition . Shares issued in the current period were only included in the
calculation of W ANOS for only 330 days.

The financial information on which this trading statement has been based has neither been
reviewed nor reported on by the Company’s external auditors.


Johannesburg

30 May 2019

Sponsor: Deloitte & Touche Sponsor Services Proprietary Limited

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